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MALAYSIA Mining Corp Bhd (MMC) has made an offer to take its 74.9%-owned subsidiary MMC Engineering Group Bhd private in a deal valued at RM34mil. It is offering to pay RM4.30 for each MMC Engineering share it does not already own or to issue two new MMC shares for every MMC Engineering share.
MALAYSIA'S capital city is continuously improving its services and facilities to meet standards that will please both visitors and local citizens. In this third and last part of a series, Datuk Bandar DATUK MOHMAD SHAID MOHD TAUFEK talks about what it takes to make Kuala Lumpur a worldclass city.
DESPITE the impact of SARS, construction of the urban transportation system in Beijing has been going ahead smoothly. It will provide a quick, safe and environmentally-friendly traffic system for the 2008 Olympic Games.
THE Government has appointed a new joint-venture company (newco) to manage the public transportation system for the Klang Valley that includes the city bus services operated by Park May Bhd and Intrakota Komposit Sdn Bhd as well as the PUTRA and STAR light rail transit (LRT) operations.
Politicians love mouthing it, government officials try to implement it and environmentalists want more action on it. We are talking about the environmental buzzword - sustainable development.